World steel output fell in the first quarter

PARIS World steel output fell in the first quarter of this year due to a drop in steel output in China, EU Europe and the United States, according to the steel industry group yesterday.

World Steel Association, or worldsteel said in a statement that global crude steel output fell 3.6 percent in the first quarter first, compared to the same period last year, with steel output amounts to only 385.7 million tons.

Steel production in China, the production and use of the world's largest steel dropped 3.2 percent in first quarter a.

Steel output in the EU fell by 7 percent and steel output in Britain fell by nearly 39 percent.

Steel output in the US fell 1.3 percent growth in steel output in North America reduced the region's decline to 1.1 percent. steel output in South America declined by 14.1 percent.

Steel Association worldsteel said that 66 countries, including the countries that remain in the survey, about 99 percent of steel production, steel world.

This association, said last week that the recovery of steel demand is unlikely to happen before next year because of the slowing economy and weak production.

China on Tuesday denied allegations that it has subsidized the production of steel.